EXS 0.00% 26.0¢ exco resources limited

I have pretty much given up on Vertigo noellyn. I raise it every...

  1. 1,082 Posts.
    I have pretty much given up on Vertigo noellyn. I raise it every time I speak with GL and never get the same answer on it. A final decision was meant to be made weeks ago and the fact we have heard nothing and the PLY presentation is silent on it makes it seem pretty certain it isn't getting mined.

    The PLY presentation really got me down today where it stated "it remains highly probably that a production gap at White Dam will occur while we prove up further economic Reserves".

    All the talk from MA earlier in the year about White Dam easily being extended past 2012 was the main reason I bought into the stock in the first place, but it looks like the sellers got the jump on the fact it isn't going to be extended unless they find some new resources in future.
 
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